Chart of the Day

Chart of The Day 05-11-2016 DAX On the DAX chart we see a rising wedge formed below falling trend line 10800 level. In case of a break below 0.9300 to downside we could see a test of 9300 important level. Happy trading!   We are always looking for good traders and […]

Chart of The Day 05-10-2016 GBPUSD On the GBPUSD chart we see a move below 1.4500 level after the break and confirmation of an Inverse H&S formation. If pair closes below 1.4300 it will negate the formation and will be vulnerable for further downside. Happy trading!    

Chart of The Day 05-09-2016 USDCHF On the USDHF chart we see a move above 0.9700 level and the pair is breaking falling wedge formation (bullish) but for confirmation for a move to 1.0000 we need a break above 100 SMA (RED LINE) 0.9846. Happy trading!   We are always looking for good

Chart of The Day 05-06-2016 EURGBP On the EURGBP chart we see forming of H&S pattern with 0.7740 neckline. Break below and confirmation of this pattern could lead to 0.7400 Happy trading!   We are always looking for good traders and analysts to Join our trading desk.

Chart of The Day 05-05-2016 USDJPY On the USDJPY chart we see a bounce from important 105.400 level and pair is in retracement of a big move down after BOJ. Targets on the upside 50% and 61.8% Fibbo 108.693 and 109.445. Happy trading!   We are always looking for good traders